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Corey buys 10 Tuftif 4-post, 4.5 -ton car hoists for his parking garage at a total cost of $459,000. He finances this with a five-year

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Corey buys 10 Tuftif 4-post, 4.5 -ton car hoists for his parking garage at a total cost of $459,000. He finances this with a five-year loan at 9% APR with monthly payments. Af er he has made the first 20 paryments, how much is the outstanding principal balance on his loan? A. $262,571 B. ses5,427 C. $459,499 D. $328,213

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